198
198
Nov 27, 2012
11/12
by
CNBC
tv
eye 198
favorite 0
quote 0
so basically what's happening is this fiscal cliff is holding down a market that's being boosted by what steve said, better economic numbers, not just in the u.s. china's bottom is going up. we've seen better pmi numbers in europe. monetary expansion is pushing asset spriess up. so again, if you believe there's going to be resolve, and it could well go down. i actually think there will be bigger buying opportunities if you go through december 31st with negative rhetoric into the new year. that's when things get really nasty here. i don't learn anything from the sound bites from senator reid or boehner or anybody else. these are just negotiations going on. >> all right. >> unfortunately in public. that's my point. >> that's how it's always done. you are so hopeful, bill. >> larry, steve, i'll see you later. >> it's charming, bill. just charming. all right. we have -- >> that's a code word on her part, by the way. >> 13 minutes before the closing bell. the dow jones industrial average lower by 70 points. >> wall street firms are turning increasingly bullish about next year. we're going to
so basically what's happening is this fiscal cliff is holding down a market that's being boosted by what steve said, better economic numbers, not just in the u.s. china's bottom is going up. we've seen better pmi numbers in europe. monetary expansion is pushing asset spriess up. so again, if you believe there's going to be resolve, and it could well go down. i actually think there will be bigger buying opportunities if you go through december 31st with negative rhetoric into the new year....
188
188
Nov 27, 2012
11/12
by
CNBC
tv
eye 188
favorite 0
quote 1
right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today, president obama meets with small business leaders to make his case for the possibility of higher taxes ahead. our washington correspondent, john harwood, is here with the very latest. hi, john. >> reporter: hi, tyler. you know, everybody is staking out public positions and trying to drive public opinion their way. the president's been doing that all week. he is doing that with his meeting at 2:30 this afternoon with small business leaders from around the country. he is later going to travel to pennsylvania to make his case publicly, part of what he is saying is that if you adopt his plan on the extension of the bush tax cuts that is for the middle class and not for people at the top that almost every small business owner is going to get a tax cut as a result of that. and republicans are staking out their own position that tax revenue can go up but not tax rates. once they get into the room and the hard bargaining which of the positions ultima
right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today, president obama meets with small business leaders to make his case for the possibility of higher taxes ahead. our washington correspondent, john harwood, is here with the very latest. hi, john. >> reporter: hi, tyler. you know, everybody is staking out public positions and trying to drive public opinion their way. the president's been...
241
241
Nov 27, 2012
11/12
by
CNBC
tv
eye 241
favorite 0
quote 0
were watching for signals coming out of washington on the fiscal cliff. and they didn't like what they heard when senate majority leader said he was disappointed with the talks with the republicans to this point. >> we have time. the moment harry reid started speaking you can see the charts that it all falls at the exact moment when he said they thought there would be more progress with the republicans.
were watching for signals coming out of washington on the fiscal cliff. and they didn't like what they heard when senate majority leader said he was disappointed with the talks with the republicans to this point. >> we have time. the moment harry reid started speaking you can see the charts that it all falls at the exact moment when he said they thought there would be more progress with the republicans.
181
181
Nov 27, 2012
11/12
by
CNNW
tv
eye 181
favorite 0
quote 0
cliff deal done. that's one side of the equation. in exchange, those republicans say, look, we'll back down. but not if we don't get something for it. we want some entitlement reform. here are the big three entitlements -- social security, medicaid, and medicare, combined they make up 43% of federal spending last year. joining me is john avalon, cnn contributor, senior political columnist for "newsweek" and "the daily beast. "and all around very smart person. you have a column out about this. it's great reading. a lot of math in it. tons of math. >> i was told there would be no math, but there's math. >> a chevy chase line that bears repeating. math means two sides of the equation. >> math is not partisan. >> math is not partisan. there's coverage about republicans and what they're willing to do to give up their pledge to raise revenue. and there's not seemingly as much talk about what the democrats need to do. how much do democrats need to give up in the spending column and what do they need to give
cliff deal done. that's one side of the equation. in exchange, those republicans say, look, we'll back down. but not if we don't get something for it. we want some entitlement reform. here are the big three entitlements -- social security, medicaid, and medicare, combined they make up 43% of federal spending last year. joining me is john avalon, cnn contributor, senior political columnist for "newsweek" and "the daily beast. "and all around very smart person. you have a...
319
319
Nov 27, 2012
11/12
by
CNNW
tv
eye 319
favorite 0
quote 0
known as the fiscal cliff. the dow is down about 11 points. there's still a lot of worry about how these talks on coming up with a deal on the fiscal cliff, how the talks will go. carol? >> alison kosik live from the new york stock exchange. >>> representative-elect alan grayson has been standing with protesting walmart workers. when he delivered bagged meals on to see walmart on thanksgiving, walmart called the cops. we'll talk that and the ongoing protests next. and one wedding, 2 kids, 43 bottles of olay total effects many birthdays later, still looks amazing. thanks to the trusted performance of olay. do you really think brushing is enough to keep it clean? while brushing misses germs in 75% of your mouth, listerine® cleans virtually your entire mouth. so take your oral health to a whole new level. listerine®... power to your mouth™. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant ho ho ho sfx- "sounds of african drum and flute" look who's back. again? it's embarr
known as the fiscal cliff. the dow is down about 11 points. there's still a lot of worry about how these talks on coming up with a deal on the fiscal cliff, how the talks will go. carol? >> alison kosik live from the new york stock exchange. >>> representative-elect alan grayson has been standing with protesting walmart workers. when he delivered bagged meals on to see walmart on thanksgiving, walmart called the cops. we'll talk that and the ongoing protests next. and one...
235
235
Nov 27, 2012
11/12
by
CNBC
tv
eye 235
favorite 0
quote 0
i've been talking to quite a few ceos over the past seven to ten days about the fiscal cliff. made a point of doing it. and what i find is that almost all of them are focused on solving it now, not kicking the can down the road, a reasonably balanced solution, most are not opposed to additional revenue. most are not opposed to marginal changes slightly upward in marginal rates. and most are focused on just a solution and clearing the air and moving on and i must say most think that if we can solve the fiscal cliff and not kick the can down the road, there's an opportunity for a boost of confidence and an opportunity over the next couple years -- >> you didn't mention anything about the economy side. >> it has to be balanced. we have to see additional cuts in mandatory spending. yes. clear about that. yes. we also need to see new revenue. so we had about $1.5 trillion enacted through the budget control act of 2011. we should do another half trillion on the spending side meaning entitlements and an additional like amount on the revenue side. add those two together -- >> one for
i've been talking to quite a few ceos over the past seven to ten days about the fiscal cliff. made a point of doing it. and what i find is that almost all of them are focused on solving it now, not kicking the can down the road, a reasonably balanced solution, most are not opposed to additional revenue. most are not opposed to marginal changes slightly upward in marginal rates. and most are focused on just a solution and clearing the air and moving on and i must say most think that if we can...
223
223
Nov 27, 2012
11/12
by
CNBC
tv
eye 223
favorite 0
quote 1
next, resolving the fiscal cliff. what could it mean for m & a? still ahead, as holiday shopping season kicks into high gear, find out why men might be the new women. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side eff
next, resolving the fiscal cliff. what could it mean for m & a? still ahead, as holiday shopping season kicks into high gear, find out why men might be the new women. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid...
351
351
Nov 27, 2012
11/12
by
CNNW
tv
eye 351
favorite 0
quote 0
america heads down the fiscal cliff in exactly five weeks. take a look at the time line, triggering painful spending cuts and tax hikes. several leading republicans signaling that they're willing to break their new tax hike pledge to get a spending deal passed in time. but when the lame duck senate returned yesterday, it sure sounded like politics as usual. >> the senate has spoken. president obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn's political director mark preston is live from washington this morning. good morning to you, mark. so the house gets back in session today. and so far there are no talks scheduled between top republicans and the president. >> that's true, zoraida. we haven't seen the president and congressional leaders actually meet
america heads down the fiscal cliff in exactly five weeks. take a look at the time line, triggering painful spending cuts and tax hikes. several leading republicans signaling that they're willing to break their new tax hike pledge to get a spending deal passed in time. but when the lame duck senate returned yesterday, it sure sounded like politics as usual. >> the senate has spoken. president obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for...